- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Nontaxable legal settlements do not have to be reported on your tax return.
In most cases, taxable legal settlements will be reported to you on a W-2, 1099-Misc or other IRS form.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 11, 2020
11:20 AM